Morning paper Jane Street Q1 to significantly reduce bitcoin ETF exposures; Kraken to launch Flexline lending product; and Chase Morgan to launch the second monetization money market fund in the Etherport
Photo by ChainCatcher
Important information:
- Morgan Chase will launch the second monetized money market fund at the Etherport
- Clear Signing Open Standards launched by the Etherwood Foundation to facilitate the readability of trade signatures
- Cathy Wood: Forecasting the market as a new financial infrastructure, Ark invests in Kalshi's latest financing
- Jane Street Q1 significantly reduced bitcoin ETF open, IBIT warehouse ring down 71%
- Kraken launched the Flexline loan product and accepted encrypted currency as collateral
- At Metaplanet Q1 battalion, there was an increase of 251 per cent over the same period, and the amount of bitcoin held at 40,177
What's important about the past 24 hours
ChainCatcher NewsThe Japanese company Bitcoin Treasury, Metaplanet, announced the first quarter of the fiscal year 2026: a revenue of Yen 30.80 billion, an increase of 251.1 per cent over the same period; operating profits of Yen 22.67 billion, an increase of 282.5 per cent over the same period; and recurrent losses of Yen 11,49.28 billion, mainly affected by the accounting impairment caused by the decline in the price of the Bitcoin. As of March 31, 2026, Metaplanet held 40,177 BTCs, an increase of 2.8 per cent per share of BTC holdings after total dilution。
According to the company, as at 12 May 2026, the market value of its BTC hold was approximately JPY 514.0 billion, or 87 per cent of the total hold of the Japanese listed company BTC. In addition, Metaplanet, which maintains the year-round performance guidelines for fiscal year 2026, is expected to receive 16.6 billion yen for the year, an increase of 79.7 per cent over the year; and profit of 11.4 billion yen for the year, an increase of 81.3 per cent over the year。
Aave CEO: Clarity Act will provide critical legal protection to DeFi developers
ChainCatcher, Aave CEO Stani, argues that the latest draft of the United States Market Structures Act, which provides strong legal protection for United States DeFi developers, gives them confidence in building and maintaining a decentrized agreement in the United States, without being forced to assume heavy obligations that are suitable only for a centralized model. If the United States succeeds in establishing this framework, the rest of the world will follow。
Stani stressed that regulatory clarity was more important to DeFi than to the proceeds. The adoption of Clarity Act is expected to bring DeFi a great wind like Genius Act for a stable currency。
Kraken launched the Flexline loan product and accepted encrypted currency as collateral
ChainCatcher reports that the encryption exchange Kraken announced the launch of the Flexline lending service designed specifically for encryption holders who cannot access traditional credit markets。
Flexline is known to provide a fixed annual interest rate of 10-25 per cent and to accept encrypted currency as collateral to support the demand for operating funds and financial certification for large transactions. The product is designed to address the difficulty of encrypted start-ups and high netting individuals obtaining loans from traditional financial institutions with digital assets。
Jane Street Q1 significantly reduced bitcoin ETF open, IBIT warehouse ring down 71%
ChainCatcher NewsThe latest 13F document submitted by the quantitative giant Jane Street to the United States SEC revealed a significant reduction in Bitcoin ETF openings in the first quarter of 2026, with a decrease of approximately 71% to 5,872,212 shares of IBIT, approximately US$ 225.6 billion. The hold-up for FBTC fell by about 60 per cent to 1,954,174 shares, approximately $115 million。
IN ADDITION, ITS HOLDING STOCK FOR MSTR HAS BEEN REDUCED BY APPROXIMATELY 78 PER CENT TO 209,833 SHARES, OR $26.18 MILLION。
ZHAO CHANG PENG: MORE LIKELY THAN AI ITSELF TO INVEST IN AI'S SHOVELS
ChainCatcher reports that Zhao Chang Peng has stated in a live broadcast in Bianan Online that he prefers to invest in the “graves” that support AI, including data centres, electricity, etc。
ACCORDING TO ZHAO CHANG PENG, ALTHOUGH THE CURRENT MARKET FOR AI CHIPS IS ALMOST DOMINATED BY YING WEI DA, THERE MAY BE MORE CUSTOMIZED SCENARIOS FOR THE CALCULATION OF AI SCENARIOS IN THE FUTURE. IT IS ALSO FOCUSING ON ROBOTIC TECHNOLOGY DEVELOPMENT。
In terms of investment direction, Zhao Chang Peng claims that AI will contribute to the rapid development of biotechnology, but YZi Labs will not invest in this area on a large scale, and core investment will remain focused on the encrypted money and block chain sector, with some 70 to 80 per cent of the investment still in the Web3 sector。
ChainCatcher, CEO of ARK Invest, Cathy Wood said that ARK was happy to be involved in the latest round of financing for Kalshi. In its view, markets are becoming a powerful new financial infrastructure that can be found in real-time prices around events, probabilities and changes in world conditions。
Cathy Wood says that Kalshi is at the forefront of this innovation, and ARK is pleased to support such a team that keeps pushing the market to the boundaries of information convergence and expression, and congratulates it on this important milestone。
Earlier, it was reported that Kalshi had announced the completion of a new $1 billion round of financing, with the participation of Coatue Management and ARK Invest, with a post-investment valuation of $22 billion. This was the company ' s third round of financing over the past seven months, and the valuations were roughly doubled each time new financing was added. Currently, Kalshi has an active monthly user base of about 2 million, with annualized transactions amounting to $178 billion and annualized revenues exceeding $1.5 billion。
Morgan Chase will launch the second monetized money market fund at the Etherport
ChainCatcher reports that Chase Morgan will launch the second only-based currency-based currency-market fund, called OnChain Limited-Token Money Market Fund, code JLTXX. The Fund will invest mainly in United States Treasury bonds, as well as overnight buy-back agreements under United States Treasury bonds or cash collateral, with the objective of meeting the requirements for qualified reserve assets to be maintained by the issuer of the stable currency under the GENIUS Act。
According to Chase Morgan, the Fund ' s block chain technology will be managed by Kinexys Digital Assemblys under the flag. It is currently the only chain network available to investors and is not excluded from future expansion to other block chains. This is also Morgan Chase’s second monetized money market fund on the Ether. JLTXX is more directly oriented towards stable currency reserve asset scenarios than MONY, which favours cash management on the institutional chain。
ChainCatcher, Aave, states that the first steps of the rsETH technical recovery plan have been completed, including the destruction of the rsETH held by the attackers on Arbitrum. In the next few days, the parties will gradually replenish the OFT adapter in Layer Zero and restart the rsETH operation in stages。
Kelp has previously indicated that a series of endorsement recovery steps have been completed with Aave and that it is planned that 117,132 rsETHs will gradually be injected into the Layer Zero OFT adaptor from Aave Recovery Guardian and Kelp Recovery Safe into the Taimenu host network。
Anthropic at least $30 billion
ChainCatcher reports that, according to market sources, Anthropic is in preliminary negotiations with investors to plan to raise at least $30 billion in new funds, which could be the largest round of financing the company has had to date. Anthropic is raising a new round of funding from a valuation of over $90 billion。
ChainCatcher News, the Clear Signing Open Standard was officially launched by the Taifeng Foundation on Tuesday to replace the non-readable hexadecimal string displayed by the wallet user with a human readable transaction。
The standard is centred on ERC-7730, and when the wallet supports the standard, the description document of the contract is read and the original transaction data is recast as understandable, e.g. the Uniswap V3 exchange is shown as sending 1,000 USDC, receiving at least 0.42 WETH。On this basis, the ERC-8176 is added to the completeness certification layer to enable the audit to issue a signature authentication confirmation identifier for accuracy. Participants included hardware wallets (Ledger, Trezor), software wallets (MetaMask, WalletConnect), security companies (Cyfrin) and infrastructure (Fireblocks)。
Blindmarking has been an important cause of the loss of encrypted assets, and in February 2025 Bybit $1.5 billion of loopholes and approximately $235 million of WazirX incidents involved the approval by the signatory of transactions that showed no real intent. Ledger launched the project in 2021, in 2024, in the form of ERC-7730, and transferred governance to the Foundation earlier this year to ensure standard neutrality. ERC-7730 V2, published in April 2026, extended coverage to cross-chain examples, software wallets and confidential tokens。
DTCC selects Chainlink as a data layer for a 24/7 token collateral platform
ChainCatcher NewsThe global financial infrastructure giant, DTCC, whose subsidiary processed $4.7 billion in securities trading in 2025, announced on Tuesday that it would integrate Chainlink as the data and layout layer of its upcoming token collateral platform。
DTCC ' s Collateral Appchain will use the Chainlink Operating Time Environment (CRE) and its data standards to support qualification, valuation, margin calculation, collateral optimization and settlement functions, with the target date for production in the fourth quarter of 2026。
DTCC Global Digital Asset Manager Nadine Chakar stated that the goal was to achieve 24/7 near-real-time collateral management between global markets and block chains through monetization and distributed bookkeeping techniques. Chainlink co-founder Sergei Nazarov called collateral management a "killer application that traditional finance has been waiting for." The platform is designed as a shared infrastructure between collateral providers, receivers, regulators, tripartite agents and custodians rather than bilateral institutional chains. This cooperation is a continuation of the basis of the previous cooperation on projects such as the Smart NAV pilot。
Avant: TGE postponed until mid-September and the credits will cease to accumulate on 15 May
ChainCatcher NewsIn a letter sent on platform X, Avant indicated that it had decided to postpone TGE until mid-September, after communicating with multi-stakeholders, partners and market confidence and based on a judgement on market conditions. Avant claims that the current deFi tokens are under significant pressure, and that there have been numerous agreement failures in this area in recent months, which are indirectly affected by type pressure despite the fact that Avant has been growing during this period。
Avant states that the market is expected to recover and that, during this period, cooperation will be advanced, TVL growth continued and products expanded. The accumulation of points will cease on May 15th, and the distributions that users have received are protected and can participate in the follow-up TGE. The Avant team will be open at 2 p.m. Eastern United States time。
In the appeal, CFTC upheld Kalshi's claim that the prognosis of market regulation is federal
ChainCatcher sources reported that the United States Commodity Futures Trading Commission (CFTC) submitted amicus curiae opinions to the United States Court of Appeals for the Sixth Circuit, supporting Kalshi ' s appeal in proceedings against Ohio and arguing that the projected market should be subject to jurisdiction by the CTC。
According to CFTC, Ohio had previously requested Kalshi to cease providing contracts for sporting events, which was “overstepped jurisdiction”. According to CFTC, if the state government could restrict the contract for sporting events traded at the designated contract market (DCM), it would have long-term regulatory powers over the event contract, the swap and the binary power market, or would have been affected. The outcome of this case will also affect forecast market platforms such as Kalshi, Polymarket and others。
Soft silver: cumulative book gain on OpenAI investments as at the end of March was $45 billion
ChainCatcher reports that the cumulative book gain on OpenAI investments as at the end of March was $45 billion. In April 2026, a total of $20 billion was borrowed, mainly for investment in OpenAI, of which $2.5 billion was repaid that month。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNAs of May 14, 0900
Former 24h ETH top five in the order of HEX, SHIB, LINK, PEPE, mUSD
In the past 24h Solana top five hot coins were: TROLL, swarms, WCOR, HANTA, Net
Former 24h Base top five in order: PEPE, B3, BASED, SKYA, IMGA
What are the good articles worth reading in the past 24 hours
BLOOMBERG QUOTED A SOURCE THAT REVEALED THAT AI WAS THE ORIGINAL COMPANYAnthropicEarly negotiations are under way with investors with the goal of raising at least $30 billion in new funds, valued at over $900 billion。
Informed sources disclosed that the current round of financing was expected to be completed by the end of May 2026 at the latest, although the transaction had not yet been finalized and no list of terms had been signed。
If financing succeeds, Anthropic will not only leave OpenAI ($852 billion valued in March) behind, but also shock the market value of the technology giants Apple and Microsoft. It needs to be noted that the investors of the company were betted at an early stage, and the basics of this round were chosen for a wall view。
I'll tell you about Lee Lin's home: How to throw the second half of $1 billion
In April 2026, a Hong Kong equity announcement by the New Fire Group announced that Li Lin, the founder of the fire coin, would return to market view。
The New Fire Group proposes to acquire AvenirX-level institutional investment trading systems from Avenir Investment Management Limited for approximately US$ 15,775. According to the bulletin, since the seller was ultimately under Li Lin ' s control and Li Lin was also Chairman and non-Executive Director of the New Fire Group, the transaction constituted a related transaction。
This is not an ordinary software asset acquisition. Li Lin is importing the deep-seated investment trading capacity of Avenir into a public company platform in Hong Kong, China。
From burning coins to Avenir, to New Firegroup, Li Lin ' s post-fire coin era was not a simple exit, but a reorganisation of capital organization。
What is Asia-Pacific talking about when America talks about encryption structures
As the eyes of the world stare at the US drive for Clarity Act, the new financial and market configuration is actually moving quietly in Asia and the Pacific。
The Asia-Pacific region, with 60 per cent of the world's population, a young structure, a high prevalence of smartphones and fear of French currency inflation, has made Asia-Pacific the most fertile soil for encrypted money. Japan is robust in compliance, Korea is a speculative casino, Singapore is an institutional safe haven, and now the Asia-Pacific encryption map is probably going up and down。
